A separation agreement is a legally binding contract between two individuals who are either married or in a domestic partnership and have decided to live separately. This agreement outlines critical terms and conditions regarding various aspects of your separation and the lives you will live once it is finalized.
While this falls short of a full divorce proceeding, there are numerous laws and guidelines in place relevant to North Carolina separation agreements. It’s important to not take your situation for granted just because it’s not a divorce. You may still be best served by talking to an NC family law attorney about the unique factors and circumstances you’re dealing with.
The court or a mediator will assist with the following factors:
- Division of assets and debts
- Child custody and child support
- Spousal support
- Living arrangements
- Insurance and benefits
Separation agreements provide a structured framework for the separation process and help to minimize conflicts and uncertainties between the parties involved. It is important to note that separation agreements may include waiving rights to property or support to which either party may otherwise be entitled, so it is advisable for each party to consult with a Charlotte family lawyer before signing a separation agreement to ensure that your rights and interests are protected.
